This topic contains a solution. Click here to go to the answer

Author Question: Assume the information in Figure 13-1 is correct, EXCEPT the market value of property is now ... (Read 47 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
Assume the information in Figure 13-1 is correct, EXCEPT the market value of property is now estimated to be 450,000.
 
  Use the Book value Plus Adjustment method along with the information from 13-1 and the new estimated value of property to value the firm's equity.
  A) 1,100,000
  B) 1,200,000
  C) 1,300,000
  D) 1,400,000

Question 2

Annuity A has a greater present value than annuity B when cash flows are discounted using the same positive interest rate for each annuity. Which annuity will have the larger future value if compounded at the same interest rate?
 
  A) Annuity A will have a larger future value.
  B) Annuity B will have a larger future value.
  C) The future values will be the same.
  D) There is not enough information to determine which annuity will have a greater future value.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Zack0mack0101@yahoo.com

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

A
Explanation: A) BV + Adjustments = 1,200,000 + (450,000 - 550,000 ) + (100,000 - 60,000 ) + (180,000 - 220,000 ) = 1,100,000.

Answer to Question 2

A




misspop

  • Member
  • Posts: 540
Reply 2 on: Jul 11, 2018
:D TYSM


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library